Surmodics

SRDX · NASDAQ

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About SRDX

Surmodics, Inc. engages in the provision of surface modification technologies for intravascular medical devices, and chemical and biological components for in vitro diagnostic immunoassay tests and microarrays. The company is headquartered in Eden Prairie, Minnesota and currently employs 389 full-time employees. The company also develops and commercializes highly differentiated vascular intervention medical devices that are designed to address unmet clinical needs and engineered to the demanding requirements. Its segments include Medical Device and IVD. Medical Device segment manufactures and licenses performance coatings, including surface modification coating technologies to improve access, deliverability and predictable deployment of medical devices and drug-delivery coating technologies to provide site-specific drug-delivery from the surface of a medical device, with end markets that include neurovascular, peripheral and coronary. IVD segment manufactures chemical and biological components used in in vitro diagnostic immunoassay and molecular tests within the diagnostic and biomedical research markets.

Employees
389
Headquarters
Eden Prairie, Minnesota
Listed
Mar 4, 1998
Sector
Health Care
Industry
Health Care Equipment & Supplies

Leadership

Surmodics executives
NameTitleSince
Robert Hance—2025
Scott D'Amour—2025
Charles Olson——

Revenue by product and region

Fiscal year ended Sep 30, 2024: $126.08M total revenue

By product

  • Product Sales [Member]$73.59M58.4%
  • Royalties [Member]$42.49M33.7%
  • Research, Development and Other [Member]$10.00M7.9%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Surmodics suppliers and customers
CompanyRelationshipCorrelation
Koninklijke Philips PHIA.ASSupplier and customer0.95
Medtronic MDTSupplier and customer0.90
Qualigen Therapeutics QLGNCustomer0.77
Cosmo BioCustomer0.74
Boston Scientific BSXSupplier and customer0.50
Abbott Laboratories ABTSupplier and customer0.19
Edwards Lifesciences EWSupplier and customer-0.16
Cardinal Health CAHSupplier and customer-0.27
BBI Group Holding Ltd.Supplier and customer—
Cook Group IncorporatedSupplier and customer—

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